Monday, 4 October 2021

North America, Europe & Asia Pacific Operating Room Doors And Walls Market Size Is Expected To Reach USD 2.1 Billion by 2028

 North America, Europe & Asia Pacific Operating Room Doors And Walls Market Growth & Trends

The North America, Europe, and Asia Pacific operating room doors and walls market size is expected to reach USD 2.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.5% from 2021 to 2028. The growing prevalence of chronic diseases, sophisticated healthcare infrastructure, large geriatric population base, rise in the number of surgical procedures, and the increasing number of hospitals and ambulatory surgical centers across the regions are increasing the demand for operating rooms, which is contributing to the growth of the market.

Based on product, the walls segment dominated the market in 2020. Factors contributing to the segment growth include a rise in the number of surgical procedures, coupled with increasing demand to avoid the spread of harmful bacteria and other pathogens within the operating rooms. According to the data published by Organ Donation New Zealand, in 2019, a total of 453 organ transplants were carried out in the country, which includes 17 heart transplants, 58 liver transplants, 224 lung transplants, 26 lung transplants, and 4 pancreatic transplants. This segment is anticipated to witness lucrative growth in the forthcoming years.

Moreover, initiatives undertaken by organizations in the form of mergers and acquisitions, partnerships, investments, product launches, portfolio expansion, and key strategic alliances are anticipated to positively impact the market growth. For instance, in December 2017, Irish Door Systems announced the introduction of a newly manufactured hermetic door system to its existing portfolio. These doors were launched for environments such as laboratories, operating rooms, hospitals, and other facilities that require hygiene. The launch was aimed at supporting the company in gaining a competitive edge in the Irish sector.

North America dominated the market in 2020. This growth can be attributed to the increasing prevalence of cancer and arthritis and the growing number of hospitals and ambulatory surgical centers in the region. In addition, the booming geriatric population, increasing consumer preference for minimally invasive and non-invasive surgical procedures, and technological advancements are driving the market in the region. Furthermore, the growing number of COVID-19 patients in the region is increasing the demand for more hospitals.

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North America, Europe & Asia Pacific Operating Room Doors And Walls Market Report Highlights

  • On the basis of product, the walls segment dominated the market in 2020 owing to the growing need to avoid the spread of harmful pathogens within the operating room
  • Based on door type, hermetic doors dominated the market in 2020 owing to their benefits such as airtight, watertight, sound-proof, and anti-cross contamination environment as compared to swing doors
  • By end use, the hospitals segment dominated the market with a revenue share of 92.0% in 2020 owing to the increasing number of new hospitals and rising investments for their up-gradation
  • North America dominated the market in 2020 owing to the growing geriatric population and the increasing prevalence of chronic diseases in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-europe-asia-pacific-operating-room-doors-walls-market-analysis

North America, Europe & Asia Pacific Operating Room Doors And Walls Market Segmentation

Grand View Research has segmented the North America, Europe, and Asia Pacific operating room doors and walls market based on product, door type, end-use, and region:

North America, Europe & Asia Pacific Operating Room Doors And Walls Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Doors
  • Walls

North America, Europe & Asia Pacific Operating Room Doors And Walls Door Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Hermetic Doors
    • Sliding Doors
    • Swing Doors
  • Hinge Doors

North America, Europe & Asia Pacific Operating Room Doors And Walls End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Ambulatory Surgical Centers

North America, Europe & Asia Pacific Operating Room Doors And Walls Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Spain
    • Italy
    • Belgium
    • Netherlands
    • Ireland
    • Poland
    • Austria
    • Switzerland
    • Norway
    • Sweden
    • Denmark
    • Finland
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Singapore
    • Australia
    • New Zealand

List of Key Players of North America, Europe & Asia Pacific Operating Room Doors And Walls Market

  • Lindner Group
  • Dortek
  • STANLEY Access Technologies, LLC
  • MEDIK Hospital Design GmbH
  • Tane Hermetic, S.L.
  • Manusa
  • Leocon-Group
  • Grupsa Door Systems
  • KOS Spezialtüren GmbH
  • Chase Doors
  • AMENSCO
  • SPENLE
  • VIESSMANN TECHNOLOGIES GmbH
  • Bawer S.p.A
  • ASSA ABLOY Entrance Systems
  • SAMEKOM
  • HT labor
  • Integromed
  • Alvo
  • Getinge Hospital Solutions
  • SHD
  • Label
  • Medifa
  • Vamed
  • Hermitel/Innoroom
  • Dagard
  • Nexor
  • CCG
  • Interflow
  • Jan Snel
  • GEZE
  • Infraca Quality Doors
  • Thermod
  • Young Medical
  • Remax PTY Ltd.
  • Tormax automatic Door systems
  • Gilgen Door Systems AG
  • Interfurn
  • DormaKaba

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Southeast Asia Pipes Market Pegged For Strong Growth During 2021-2028: Grand View Research Inc.

 Southeast Asia Pipes Market Growth & Trends

The Southeast Asia pipes market size is expected to reach USD 24.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.3% from 2020 to 2028. Growing investments towards infrastructure development and the use of the product in construction refurbishment are factors expected to drive industry growth over the forecast period.

Factors such as changes in raw material prices, stringent government regulations regarding industrial processes, policies related to the environment, and sustainability of the products are likely to have an impact on the profit margins of the product manufacturers. Investors are highly exposed to long-term risks due to possible disruptions in the demand for raw materials, oil price fluctuations in the global market.

The COVID 19 pandemic has severely impacted the growth of the market in the region. Lockdown measures to curb the spread of the virus in several countries along with the disruption of the global supply chain have impacted the majority of industries including construction, food, and chemical processing. Moreover, complexities in the supply chain also caused a shortage in raw materials supply for the production of pipes.

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Southeast Asia Pipes Market Report Highlights

  • The polypropylene pipes segment accounted for revenue share valued at USD 4.5 billion in 2020 on account of their superior chemical resistance and lower thermal conductivity, which prompts their usage in the HVAC, and drainage systems
  • The plumbing application segment is expected to register a sales revenue of USD 5.6 billion by 2028 due to the growth of the residential and commercial construction in the region owing to the rising adoption of ‘China plus one’ strategy by the major industry players
  • The commercial sector accounted for a revenue share of 72.8% in 2020 due to high consumption of the product in water supply infrastructure, hospitals, and industrial facilities
  • In Vietnam, the market is expected to witness a CAGR of 4.0% from 2020 to 2028 on account of rising investments for the development of drainage and sewage systems in the country driven by plans such as the Trenchless Sewerage Pipe Rehabilitation
  • Manufacturers focus on the production of new products for strengthening their market position. For instance, in March 2021, Wavin has launched its advanced low-noise pipe system, Wavin AS+ in Indonesia, which is currently witnessing significant urbanization and infrastructure development

Access Press Release@ https://www.grandviewresearch.com/press-release/southeast-asia-pipes-market-analysis

Southeast Asia Pipes Market Segmentation

Grand View Research has segmented the Southeast Asia pipes market on the basis of product, application, end-use, and country:

Southeast Asia Pipes Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Polypropylene Pipes
  • Steel & Alloy Pipes
  • Polyvinylchloride Pipes
  • Copper Pipes
  • Composite Pipes
  • Other Pipes

Southeast Asia Pipes Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Plumbing
  • Drainage/Sanitary
  • HVAC
  • Others

Southeast Asia Pipes End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Residential
  • Commercial

Southeast Asia Pipes Country Outlook (Revenue, USD Million, 2017 - 2028)

  • Indonesia
  • Vietnam
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia

List of Key Players of Southeast Asia Pipes Market

  • Kobelco
  • Thai Premium Pipe Co., Ltd.
  • George Fischer Pte., Ltd.
  • Binh Minh Plastics
  • Vesbo Asia Pte., Ltd.
  • Bina Plastic Industries Sdn. Bhd.
  • Wavin Asia Pacific

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Hangover Cure Products Market Revenue Sales to Reach USD 4.67 Billion by 2028: Grand View Research Inc.

 Hangover Cure Products Market Growth & Trends

The global hangover cure products market size is expected to reach USD 4.67 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.6% from 2021 to 2028. Consumers are becoming increasingly aware of the benefits associated with the consumption of hangover cure products, which help improve metabolism, reduce nausea caused due to excessive alcohol consumption, and hydrate the body.

Over the past few years, consumers over the world are becoming more enthusiastic about functional foods and drinks. Therefore, ingredients that boost energy, mental clarity, and mood and reduce stress are expected to appeal to consumers in the upcoming years. This trend of functional foods and drinks is likely to create opportunities for hangover cure products manufacturers.

Furthermore, with the growing demand for the products, an increasing number of investors are showing interest in the market. For instance, in April 2018, 82Labs, a U.S.-based start-up that produces hangover rehydration drinks, raised USD 8 million in funding from investors such as Altos Ventures, Thunder Road Capital, Strong Ventures, and Slow Ventures. Similarly, in 2019, Cheers Health Inc., a Texas-based company, raised an amount of USD 2.1 million in seed funding for building its brand and upgrading products. Such fundraisings will help companies develop new and innovative products and expand their reach.

Nutritional profile and the presence of natural ingredients are other important factors influencing the buying decisions of consumers. Various herbs and botanicals are gaining traction among consumers. Product promotion also influences consumers’ buying decisions in both countries. Hangover cure products have been gaining immense popularity due to the buzz created on social media platforms.

The demand for hangover cure products is expected to increase in Asia Pacific in the coming years owing to the growing awareness about the benefits of alcohol detox products. Owing to the growing preference for herbal products, market players in Asia Pacific are focusing on using herbal ingredients in their supplements. For instance, in February 2019, Baidyanath Group introduced Armr, a herbal anti-hangover product, and Shunya, a herb-infused vitamin drink, in India. Such initiatives are likely to fuel the market growth over the forecast period.

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Hangover Cure Products Market Report Highlights

  • By product, the solutions segment accounted for the largest share of over 35.0% in 2020. The demand for herbal hangover cure solutions is increasing on account of the numerous product launches
  • The online distribution channel segment is expected to witness the fastest growth over the forecast period. The growth of the segment is attributed to the emergence and rapid development of e-commerceand the high adoption of online shopping
  • Asia Pacific held the largest share of over 50.0% in 2020. The growing awareness about the benefits of alcohol detox products is expected to increase the demand for hangover cure products in the Asia Pacific in the coming years. Europe is expected to expand at the fastest CAGR of 15.4% over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-hangover-cure-products-market

Hangover Cure Products Market Segmentation

Grand View Research has segmented the global hangover cure products market on the basis of product, distribution channel, and region:

Hangover Cure Products Outlook (Revenue, USD Million, 2016 - 2028)

  • Solutions
  • Tablets/Capsules
  • Powder
  • Patches

Hangover Cure Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Online
  • Offline

Hangover Cure Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
  • Asia pacific
    • China
    • India
    • Japan
    • Australia
  • Central and South America
    • Brazil
  • Middle East and Africa
    • South Africa

List of Key Players of Hangover Cure Products Market

  • Abbott
  • Bayer AG
  • More Labs
  • The Himalaya Drug Company
  • Rally Labs LLC (Blowfish)
  • Flyby
  • Drinkwel, LLC
  • Cheers Health
  • Liquid I.V., Inc.
  • DOTSHOT
  • AfterDrink Ltd.
  • Toniiq
  • Purple Tree Labs
  • No Days Wasted
  • LES Labs (Detoxx)
  • EZ Lifestyle (Over EZ)
  • DrinkAde
  • Kaplan Laboratory, LLC (H-PROOF)
  • Bytox
  • Cheal Hangover Patch
  • Party Patch
  • Rebound Hangover Patch
  • TRIO Patch
  • SmartPatches
  • D-Tox Hangover Patches
  • La Mend, Inc. (The Good Patch)
  • RallyPatch, LLC
  • Ozmo Patch
  • Wet Buffalo Patch
  • LiveToShine

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Europe Computer Numerical Control Machine Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Europe Computer Numerical Control Machine Market Growth & Trends

The Europe computer numerical control machine market size is expected to reach USD 37.27 billion by 2028, expanding at a CAGR of 7.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The rising demand for multi-axis computer numerical control (CNC) machines equipped with automatic tool changers is expected to drive the growth of the market over the forecast period. CNC machines facilitate the production of components in lesser time and with greater accuracy. Advances in automation technology over the past few years have allowed manufacturers to introduce solutions that can potentially reduce a significant amount of repetitive work, and subsequently, the machining time.

Suppliers and buyers are struggling to maintain a seamless flow of goods and services as a result of the outbreak of the COVID-19 pandemic and the subsequent restrictions being imposed as part of the efforts to arrest the spread of coronavirus. Developing countries are particularly facing the direct consequences of supply chain disruptions and restricted trading activities. The outbreak of the pandemic has also resulted in the cancellation of several product launch events in 2020, thereby depriving manufacturers of the opportunity to showcase and market their new products and technologies. However, manufacturers have started convening online events to showcase their new products and technologies. For instance, in August 2020, Biesse Group had hosted the “Inside In Action”, a new hybrid, digital, and live online event to bring all divisions onto a common platform.

Europe is considered the hub of automobile production. European countries, such as Germany, Spain, France, and the U.K., are home to some of the largest automobile manufacturers. The strong emphasis on increasing the production capacity of various vehicles, such as cars, trucks, cranes, and carriage vehicles, is expected to drive the growth of the market over the forecast period.

Market players are putting a strong emphasis on strengthening their position in the market and are hence pursuing various strategies, such as new product development, strategic collaborations or joint ventures, and mergers & acquisitions. Most of these strategies are aimed at expanding the geographical reach, tapping untapped geographies, and enhancing the product offerings. For instance, in November 2020, AXYZ Automation Group announced the addition of the new AXYZ Innovator Router to its CNC machine lineup. AXYZ Innovator Router is an entry-level CNC router designed to deliver high performance and precision accuracy and is targeted at prototyping shops, woodworking shops, sign & graphics shops, and educational institutions.

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Europe Computer Numerical Control Machine Market Report Highlights

  • The milling machines segment is anticipated to expand at the highest CAGR from 2021 to 2028. The ability of milling machines to perform operations on slots, gears, shafts, spiral surfaces, and several other curved surfaces, is expected to drive the demand for these machines
  • The automotive segment is expected to grow significantly over the forecast period owing to the presence of several automotive manufacturers in Europe
  • Italy is anticipated to register the highest CAGR from 2021 to 2028. The strong manufacturing industry in Italy, which comprises a few multinational companies and several SMEs, is expected to play a decisive role in driving the growth of the CNC machine market in Italy

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-computer-numerical-control-cnc-machine-market-analysis

Europe Computer Numerical Control Machine Market Segmentation

Grand View Research has segmented the Europe computer numerical control machine market based on type, end-use, and country:

Europe CNC Machines Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

  • Lathe Machines
  • Milling Machines
  • Laser Machines
  • Grinding Machines
  • Welding Machines
  • Winding Machines
  • Others

Europe CNC Machines End-use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

  • Automotive
  • Aerospace & Defense
  • Construction Equipment
  • Power & Energy
  • Industrial
  • Others

Europe CNC Machines Country Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

  • Germany
  • Italy
  • France

List of Key Players in the Europe Computer Numerical Control Machine Market

  • Amada Machine Tools Co., Ltd.
  • Amera-Seiki
  • DMG Mori Co., Ltd.
  • Dalian Machine Tool Group Corporation
  • FANUC Corporation
  • Haas Automation, Inc.
  • Hurco Companies, Inc.
  • Okuma Corporation
  • Shenyang Machine Tool Co., Ltd.
  • Yamazaki Mazak Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Market for Multiparameter Patient Monitoring Systems to Reflect Steadfast Expansion During 2021-2028: Grand View Research Inc.

 Multiparameter Patient Monitoring Systems Market Growth & Trends

The global multiparameter patient monitoring systems market size is anticipated to reach USD 16.1 billion by 2028, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Rising health concerns and resultant need to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems.

The market growth is also supported by the increasing need for hospital transport, such as intrahospital or out-of-the-hospital transport. For special examination and therapy, hospitals require intrahospital transport, which calls for more continuous monitoring of vital signs including heart rate, blood pressure, blood oxygen saturation by pulse oximetry, and electrocardiography.

Healthcare providers are continually looking for innovative products to provide superior quality of care, which is also expected to drive the market. Mobile solutions, data integration low-acuity monitoring remain key trends to improve the cost efficiency of patient monitoring solutions. Key companies are introducing advanced products, such as integrated remote monitoring solutions with added features of greater connectivity through cloud technology and WiFi.

For instance, Radius-7 Pulse Co-Oximeters by Masimo Corp., which got U.S. FDA approval in March 2020. It is a wearable patient monitor with flexible functionality of WiFi, Bluetooth, and alarms.

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Multiparameter Patient Monitoring Systems Market Report Highlights

  • The portable segment is anticipated to grow at the fastest CAGR of 6.1% from 2020 to 2027 due to growing home healthcare and easy mobility across different departments within the hospital
  • The hospital end-use segment led the market in 2019 due to high demand for modern healthcare facilities
  • North America held the maximum share of the global market in 2019 due to the availability of technologically advanced equipment and high quality of healthcare system
  • Asia Pacific is estimated to be the fastest-growing regional market during the forecast years due to increasing awareness about technologically advanced monitoring systems

Access Press Release@ https://www.grandviewresearch.com/press-release/global-multiparameter-patient-monitoring-systems-market

Multiparameter Patient Monitoring Systems Market Segmentation

Grand View Research has segmented the global multiparameter patient monitoring systems market based on device type, acuity level, age group, end-use, and region:

Multiparameter Patient Monitoring Systems Device Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Portable
  • Fixed

Multiparameter Patient Monitoring Systems Acuity Level Outlook (Revenue, USD Million, 2016 - 2028)

  • High
  • Medium
  • Low

Multiparameter Patient Monitoring Systems Age Group Outlook (Revenue, USD Million, 2016 - 2028)

  • Pediatric
  • Adult
  • Geriatric

Multiparameter Patient Monitoring Systems End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Homecare Settings
  • Ambulatory Surgical Centers
  • Others

Multiparameter Patient Monitoring Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of Multiparameter Patient Monitoring Systems Market

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Drägerwerk AG & Co. KGaA
  • Medtronic
  • MASIMO CORPORATION
  • Skanray Technologies
  • SCHILLER
  • Spacelabs Healthcare
  • Smiths Medical
  • SternMed GmbH

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Friday, 1 October 2021

The Evolution of the Engineering Services Outsourcing Industry

 



The increasing collaboration between Engineering Service Providers (ESPs) and Original Equipment Manufacturers (OEMs) is expected to emerge as one of the primary factors contributing to the growth in the adoption of engineering services outsourcing (ESO). The globalization of R&D activities, the rising demand for integrating the latest technologies in the product offerings, and the growing need to shorten the product lifecycles and cut costs are also expected to contribute to the growth of the market. The ESO market has been evolving continuously in line with the strong emphasis of the clients on outsourcing various services as part of the efforts to cut costs.


Self-driving Cars & Trucks Will Change Everything

 



Self-drive cars, also known as autonomous vehicles, are a key innovation in the automotive industry. These vehicles have high growth potential and are acting as a catalyst in technological developments of automobiles.



North America Plastic Recycling Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 North America Plastic Recycling Market Growth & Trends

The North America plastic recycling market size is expected to reach USD 7.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.1% from 2021 to 2028. Recycled plastic packaging provides an environment-friendly solution compared to virgin plastic. The growing use of recycled plastics in packaging is expected to fuel the demand for plastic recycling in the region. The packaged food industry in North America has grown tremendously in recent years.

The packaged food industry is driven by innovation in processing techniques, which are used for enhancing the shelf life of food products. The demand for packaging is high, especially for snack food and beverage products, which can be attributed to technological improvements, lifestyle changes of consumers, modern retail trades, and the increasing popularity of quick-service restaurants. For example, consumers in North America prefer packaging that is light and aesthetically appealing. This is likely to fuel the growth of packaging in the coming years, thereby creating demand for plastic recycling.

Furthermore, growing demand for packaged foods is anticipated to prompt manufacturers to increase production capacity, thereby, augmenting the demand for packaging over the forecast period. For instance, The Coca-Cola Company, which is engaged in the production of beverages, has achieved 88% of its packaging products made from recycled plastics in 2019 and aims to increase this number to 100% by 2025. In recent years, there has been a significant shift toward the adoption of recycled plastics as a sustainable packaging solution.

The outbreak of COVID-19 has further fueled the growth of packaging. Social distancing measures, health awareness, and lockdown imposed by various governments to contain the spread of the pandemic have compelled consumers to rely more on food delivery services and e-commerce sites. Thus, the growing packaging industry is anticipated to create significant demand for recycled plastics in coming years thereby, further propelling the growth of the market in the region.

The recycled polyethylene product segment is estimated to witness significant growth over the forecast period. This is attributed to the rising consumption of polyethylene for the production of reusable bags, agriculture films, toys, milk bottles, housewares, containers, shampoo bottles, trays, food packaging films, and toys, among others. Furthermore, properties such as excellent resistance to solvents, high tensile strength, flexibility, toughness, and relative transparency are driving the demand for polyethylene in the above-mentioned application.

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North America Plastic Recycling Market Report Highlights

  • In terms of revenue, the polyethylene segment accounted for a prominent share in the market in 2020 and is further expected to witness prominent growth over the forecast period
  • The packaging end-use segment dominated the market and accounted for more than 36.0% of the revenue share in 2020
  • As of 2020, the U.S. accounted for more than 90.0% revenue share in the overall market. Growing environmental concerns and government investments in advanced plastics recycling technologies are expected to positively influence the growth of the market in the U.S.
  • Various strategic initiatives were recorded over the past few years to boost the growth of the market in North America. For instance, in February 2020, Carbonlite Inc. planned to construct its fourth PET recycling plant near Orlando, Florida in the U.S. The plant is expected to be functional by the end of 2021, with a recycling capacity of 40,000 tons per annum

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-plastic-recycling-market-analysis

North America Plastic Recycling Market Segmentation

Grand View Research has segmented the North America plastic recycling market on the basis of basis of product, process, end-use, and country:

North America Plastic Recycling Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Polyethylene
    • High-Density Polyethylene
    • Low Density Polyethylene
    • Linear Low-Density Polyethylene
  • Polyethylene Terephthalate
  • Polypropylene
  • Polyvinyl Chloride
  • Polystyrene
  • Others

North America Plastic Recycling Process Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Chemical
  • Mechanical

North America Plastic Recycling End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Building & Construction
  • Packaging
  • Electrical & Electronics
  • Textiles
  • Automotive
  • Others

North America Plastic Recycling Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • US.
  • Canada

List of Key Players of North America Plastic Recycling Market

  • Agilyx
  • Brightmark LLC
  • PLASTIPAK HOLDINGS, INC.
  • MBA Polymers Inc.
  • UltrePET LLC
  • KW Plastics

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Thursday, 30 September 2021

Fire Suppression System Market Size Is Expected To Reach USD 23.76 Billion by 2028

 Fire Suppression System Market Growth & Trends

The global fire suppression system market size is expected to reach USD 23.76 billion by 2028, registering a CAGR of 5.0% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Fire suppression systems help in protecting infrastructure, buildings, and their inhabitants from potential fire hazards. The growing need to prevent casualties and damage to property due to fire breakouts is expected to drive the demand for fire suppression systems over the forecast period. Organizations are investing aggressively in installing fire suppression systems to safeguard their infrastructure and employees from fire hazards. The strong emphasis manufacturing units and incumbents of various industries and industry verticals, such as oil and gas, and power and energy, are putting on protecting their critical machinery and infrastructure from potential fire outbreaks also bodes well for the growth of the market.

Stringent rules and regulations drafted by various governments across the globe are mandating the installation of fire suppression systems. At the same time, the codes and standards developed by the National Fire Protection Association (NFPA) are also helping in ensuring that facilities are protected against damage in case of an emergency. The American Petroleum Institute also offers several resources to help the incumbents of the oil and gas industry in identifying potential fire safety hazards and provides them with solutions for prevention and protection.

The growing awareness among end consumers regarding fire safety is expected to play a vital role in driving the growth of the market over the forecast period. Growing construction activity in both developed and developing economies and the strong emphasis on refurbishing sprinkler systems are expected to foster the growth of the market. The growing preference for advanced and eco-friendly fire suppression systems also bode well for the growth.

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Fire Suppression System Market Report Highlights

  • The market is estimated to reach USD 23.76 billion by 2028, driven by the rising construction and infrastructure development activities and the stringent rules and regulations drafted by various governments mandating the use of fire safety equipment
  • The fire extinguisher segment accounted for a revenue share of over 50% in 2020 as a result of the aggressive investments made by various companies in installing fire suppression systems
  • The commercial segment is expected to dominate the market over the forecast period owing to the aggressive investments being made by enterprises in protecting property, infrastructure, and people from potential fire hazards
  • North America dominated the global market in 2020 owing to stringent government rules and regulations mandating the installation of fire suppression systems in buildings

Access Press Release@ https://www.grandviewresearch.com/press-release/global-fire-suppression-system-market

Fire Suppression System Market Segmentation

Grand View Research has segmented the global fire suppression system market based on product, fire extinguisher type, application, and region:

Fire Suppression System Product Outlook (Revenue, USD Million, 2018 - 2028)

  • Fire Extinguisher
  • Fire Sprinkler

Fire Suppression System Fire Extinguisher Type Outlook (Revenue, USD Million, 2018 - 2028)

  • Gas
  • Water
  • Dry Chemical Powder
  • Others

Fire Suppression System Application Outlook (Revenue, USD Million, 2018 - 2028)

  • Commercial
  • Industrial
  • Residential

Fire Suppression System Regional Outlook (Revenue, USD Million, 2018 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players of the Fire Suppression System Market

  • Fike Corporation
  • Gentex Corporation
  • Halma PLC
  • Hochiki Corporation
  • Honeywell International Inc.
  • Johnson Controls
  • Robert Bosch GmbH
  • Siemens AG
  • United Technologies Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Network Traffic Analysis Market to Record an Exponential CAGR by 2028: Grand View Research Inc.

 Network Traffic Analysis Market Growth & Trends

The global network traffic analysis market size is anticipated to reach USD 5.69 billion by 2028, expanding at a CAGR of 9.7% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. Network Traffic Analysis (NTA) comprises general network operations and management; recording, reviewing, and analyzing the network traffic for performance and security; and identifying the anomalies. The growing internet penetration rate, the shifting consumer preference toward online platforms, the continued adoption of the Bring Your Own Device (BYOD) trend, and the subsequent upsurge in cybercrime have triggered the need to handle the network traffic and complexity efficiently, thereby driving the demand for advanced network management systems.

Cloud-based deployment is expected to gain traction over the forecast period as most organizations are aggressively adopting work-from-home and remote working practices in the wake of the outbreak of the COVID -19 pandemic. Cloud-based deployment provides adequate agility as organizational data can be stored over the cloud and accessed in real-time, irrespective of the location, for further comprehensive analysis. However, cloud-based deployments also increase the volumes of data being exchanged over the data networks, thereby driving the need for robust network traffic analysis solutions.

North America accounted for the largest revenue share of the global market in 2020. The U.S. and Canada, which are considered the most developed economies in the North America continent, are equally known for aggressive adoption of the latest and advanced technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. A strong and well-developed IT infrastructure deployed in the region bodes well for aggressive adoption of network traffic analysis solutions.

Request a free sample copy or view report summary: Network Traffic Analysis Market Report

Network Traffic Analysis Market Report Highlights

  • The software segment dominated the market in 2020 with a revenue share of more than 60% as enterprises continued to adopt various network traffic analysis software to handle the network traffic
  • The cloud segment is expected to grow over the forecast period owing to the benefits, such as cost-saving, agility, and convenience in accessing the data, provided by cloud-based deployment and the continued adoption of Work From Home (WFH) policy by organizations
  • The small and medium enterprise segment is anticipated to expand at the highest CAGR from 2021 to 2028 owing to the growing awareness about network traffic analysis and its benefits among small and medium enterprises
  • North America dominated the market in 2020 owing to the early and aggressive adoption of the latest and advanced technologies, such as IoT and cloud computing, which has been driving the demand for network traffic analysis solutions in the regional market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-network-traffic-analysis-market

Network Traffic Analysis Market Segmentation

Grand View Research has segmented the global network traffic analysis market based on component, deployment, organization, vertical, and region:

Network Traffic Analysis Component Outlook (Revenue, USD Million, 2018 - 2028)

  • Software
  • Service

Network Traffic Analysis Deployment Outlook (Revenue, USD Million, 2018 - 2028)

  • On-premise
  • Cloud

Network Traffic Analysis Organization Outlook (Revenue, USD Million, 2018 - 2028)

  • Small and Medium Enterprises
  • Large Enterprises

Network Traffic Analysis Vertical Outlook (Revenue, USD Million, 2018 - 2028)

  • BFSI
  • Healthcare
  • Government
  • Retail
  • Education
  • Others

Network Traffic Analysis Regional Outlook (Revenue, USD Million, 2018 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players of the Network Traffic Analysis Market

  • Awake Security Inc.
  • Broadcom Corporation
  • Cloudflare, Inc.
  • Core Security Technologies
  • NEC Corporation
  • NETSCOUT Systems, Inc.
  • Netreo Incorporated
  • SolarWinds

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Industrial Starch Market: Advanced Technologies and Growth Opportunities Worldwide By 2028

 Industrial Starch Market Growth & Trends

The global industrial starch market size is expected to reach USD 167.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2020 to 2028. The increasing consumption of convenience food products, coupled with the growth of the pharmaceutical and paper industry, is anticipated to augment the demand for industrial starches.

The packaged food industry is witnessing rapid growth on account of the changing eating habits of consumers. Factors such as long working hours, increasing young working population, and convenient access to packed food with a rising number of large retail marts have contributed to the changing lifestyles of consumers. This trend has been boosting the growth of the food processing industry, thereby positively impacting the market growth.

Governmental initiatives aimed at supporting the international trades and local production output of food and beverage products are further expected to support the industry growth. For instance, the government of Saudi Arabia introduced two initiatives worth USD 692.10 million each, post-COVID-19, for facilitating food imports and supporting the local farmers. European Commission passed a regulation (EC) No. 1333/2008, intended for the fortification of additives in the domestic food and beverage industry.

Players have been focusing on the development of starches providing enhanced texture and mouthfeel. Rising consumer preference for healthy, low fat, and low sugar products has impelled players to develop innovative product ranges with additional functionalities. For instance, in March 2021, Ingredion launched ULTRA-TEX 1311 modified potato starch. This starch can be used as an alternative to oil providing better sensory properties, and thereby suitable to be used in low-fat, reduced-fat, keto-friendly, and plant-based food applications.

Request a free sample copy or view report summary: Industrial Starch Market Report

Industrial Starch Market Report Highlights

  • In terms of source, wheat-based industrial starch is projected to expand at the highest revenue-based CAGR of 7.6% over the forecast period. Wheat starch finds a wide range of applications in the food and beverage, paper, paperboard, and textile industries. It is also used in cotton finishing and laundry sizing as it offers a stiffer finish at a lower temperature compared to corn starch
  • By product, the native starch and starch derivatives and sweeteners segment held the largest revenue share of over 60.0% in 2020 and is expected to register the highest revenue-based CAGR over the forecast period. Starch-based sweeteners include maltose syrup, glucose, maltodextrin, liquid sorbitol, and dextrose monohydrate. The growing demand for sweeteners from the food and pharmaceutical market to mask the off-flavors and enhance the taste is expected to drive the industry
  • Europe held the second-largest revenue share in 2020 and is expected to register a strong CAGR over the forecast period, which can be attributed to the growing applications of starch in the non-food industries. As per Starch Europe, about 41% of starch in Europe was consumed by non-food applications, whereas paper making was the key application area as of 2020
  • Corn and wheat are the major sources of starch, however, players have been focusing on utilizing varied starch sources to offer well-differentiated products. For instance, in February 2021, Tate & Lyle PLC acquired an 85% stake in Chaodee Modified Starch Co., Ltd., engaged in tapioca starch manufacturing in Thailand. This is expected to expand the company’s portfolio in tapioca-based solutions
  • Companies in the market have been focusing on expanding geographic reach and widening product portfolios to strengthen market presence. For instance, in December 2019, ADM announced the expansion of its starch portfolio for the Canadian market with a partnership with MCD N.V., a global distributor of specialty chemicals and food ingredients. The available products will be tapioca starch and corn starch, along with several other ADM solutions

Access Press Release@ https://www.grandviewresearch.com/press-release/global-industrial-starch-market

Industrial Starch Market Segmentation

Grand View Research has segmented the global industrial starch market on the basis of source, product, application, and region:

Industrial Starch Source Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

  • Corn
  • Wheat
  • Cassava
  • Potato
  • Others

Industrial Starch Product Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

  • Native Starch and Starch Derivatives & Sweeteners
  • Cationic Starch
  • Ethylated Starch
  • Oxidized Starch
  • Acid Modified Starch
  • Unmodified Starch

Industrial Starch Application Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

  • Food & Beverage
    • Bakery & Confectionery
    • Dairy & Frozen Desserts
    • Beverages
    • Convenience Foods
    • Others
  • Feed
  • Pharmaceuticals
  • Others

Industrial Starch Regional Outlook (Volume, Metric Tonnes; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • Saudi Arabia

List of Key Players of Industrial Starch Market

  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Ingredion Incorporated
  • Tate & Lyle PLC
  • AGRANA Beteiligungs-AG
  • Grain Processing Corporation
  • Roquette Frères
  • Tereos Group
  • Royal Cosun
  • Altia Industrial
  • Global Bio-chem Technology Group Company Limited
  • General Starch Limited
  • Eiamheng
  • Coöperatie Koninklijke Avebe U.A.
  • Galam Group

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...